The exhibition floor was sold out before the conference and was the third largest in show history at 672,300 ft², including outdoor exhibits. This year’s conference had more than 2,600 companies exhibiting. These exhibitors represented 47 countries, up from last year’s 37. Additionally, nearly 300 were new exhibitors, and international companies made up 51 percent of exhibitors.
“As it has since 1969, the world came to OTC to make critical decisions, share ideas and develop business partnerships to meet global energy demands,” said Joe Fowler, OTC 2016 chairman. “The commitment from OTC’s volunteers and staff ensured, regardless of the price of oil per barrel, that OTC upheld its unwavering commitment to delivering attendees unparalleled information on new technologies and global developments. Also, revenue from OTC directly benefits the member programs of its 13 nonprofit sponsoring organizations.”
OTC 2016 featured 11 panel sessions, 24 executive keynote presentations at luncheons and breakfasts, and more than 325 technical paper presentations. Speakers—including international and national oil companies; federal and regional government officials; and academics—presented their views on a wide variety of topics, including future industry directions, operational integrity and risk management.
OTC’s Spotlight on New Technology Awards recognized 13 technologies for their innovation in allowing the industry to produce offshore resources, including one company in the category of Small Business Awards.